Cost of living edges up as prices rise across basics
The April report notes a tentative uptick in living costs with higher wholesale gasoline on the east coast and rising prices for rubber copper and zinc. Demand from drivers and car production supports postwar price gains while sugar metals and meats also show strength. Steel scrap and finished steel command premiums as mills face tighter supplies.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Midwest
Singapore
United States
Far East
Pope Pius Links Discontent to Work Value
Pope Pius told workers and Bank of Italy staff that world discontent stems from lacking a clear Christian view of work. He warned wealth is not condemned, urged work as service to God, and stressed banks should aid savings and enable enterprise for the common good.
MENTIONED IN THIS ARTICLE
Vatican City
Pius
Bank of Italy
Lazarus
Industrialists Left At Mercy Of J. L. Lewis
Harrisburg April 26. Twenty Central Pennsylvania industrial firms declared today that they face pressures or actions linked to J L Lewis, signaling ongoing economic tensions and potential consequences for local industry and employment.
MENTIONED IN THIS ARTICLE
J. L. Lewis
Harrisburg
Pennsylvania
Fuel adjustment clause sparks hearing on PPL rates
Pennsylvania Sower and Ligatahare on its common stock examined by Public Utility Commission at Harrisburg as Douglan B.S. Storey argued the fuel adjustment clause raises industrial charges. John L. Levis countered that the clause ensures a fair return, while John Kelley defended its necessity amid coal cost fluctuations since 1946.
MENTIONED IN THIS ARTICLE
Sylvania Sower and
Ligatahare
P. P
John L. Levis
Storey
John Kelley
Harrisburg
Studebaker reports 30 percent first-quarter surge
Harold S. Vance, head of Studebaker Corporation, told stockholders the shipments in the first quarter of 1950 rose about 30 percent from the same period a year earlier. He said production next month would reach 33,000 units and dealers hold a three weeks supply, calling the dividend policy ultra conservative amid investor concerns.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Harold S. Vance
Studebaker Corporation
Vance
Studebaker
Robert T. Shadoan
National Securities and Research Corporation
New York
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